Want to join the conversation?
In FY16, $TSN expects adjusted EPS to be $3.50-3.65, up 11-16% versus FY15. The BoD increased quarterly dividend by 50% from $0.10 to $0.15 per share on Class A shares, payable on Dec. 15, bringing annual dividend to $0.60 for Class A shares. Starting in FY17, $TSN expects to increase future dividends for Class A shares by at least $0.10 annually.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.